Sizer & Co Accountants
NEED TO FILE A TAX RETURN?

Who needs to file a self assessment tax return?

 
You will need to complete a tax return if you are:
  • self-employed
  • a company director
  • a minister of religion
  • a name or member of Lloyd's
  • a trustee
  • receiving foreign income 
You will also need to complete a tax return if your income is above a certain level:
  • £100,000 or more
  • £10,000 or more income from savings and investments
  • £2,500 or more income from untaxed savings and investments
  • £10,000 or more income from property (before deducting allowable expenses)
  • £2,500 or more income from property (after deducting allowable expenses)
Other circumstances in which you will need to complete a tax return are:
  • You're 65 and receive a reduced age-related allowance
  • You need to claim certain expenses or reliefs above £2,500
  • You have Capital Gains Tax to pay
  • You've lived or worked abroad or aren't domiciled in the UK
If HMRC asks you to complete a tax return you must always do so.

Contact us today for a free, no obligation, competitive quote.


 There are no hidden costs, you will be given a FIXED FEE for a professional service tailored to your personal requirements.